Cardano Struggles As Whales Dump And Confidence Fades
The Cardano price has dropped nearly 16% on the week, now sitting at $0.5417. According to analyst Ali Martinez, 100 million ADA were sold by whales recently, intensifying bearish sentiment. The historical support of the $0.52 level has been in place since November 2024; however, in case of failure, ADA might fall to even lower levels of $0.49 or $0.45.
According to market data provided by CoinGlass, approximately 1.36 billion dollars of crypto derivatives were liquidated on exchanges, further stressing ADA. The Cardano price also trades below its 20, 50, 100, and 200-day EMAs, indicating that sellers are strongly controlling the trend. The Supertrend indicator is still red, and the open interest in futures has declined by 1.8 billion to a mere 604 million, indicating that traders are no longer convinced.
As new upgrades such as Ouroboros Phalanx are meant to enhance network security, ADA is in a bearish pattern. The Cardano price may remain within a downward channel until whales re-enter the market or open interest increases again.
Remittix: The 11-Cent Altcoin Outperforming Cardano and Meme Coins
Remittix is on the rise in solving real-life issues, unlike the fading meme coins and the stagnant altcoins. The token developed on Ethereum is reinventing global payments by linking crypto to bank accounts in more than 30 countries. Remittix has solid fundamentals and a growth that is transparent, which shows that utility tokens can perform better than hype-based assets.
Why investors are pivoting to Remittix:
- •Live wallet beta handles crypto-to-bank payouts in minutes, with upfront FX quotes and status tracking from send to settlement.
- •The project targets the $19 trillion remittance market where speed, cost, and reliability truly matter.
- •Two CEX listings confirmed, with two more top-tier exchanges set to be revealed soon.
- •CertiK-audited and verified, ensuring unmatched transparency and project security.
- •15% USDT referral rewards, paid daily via the Remittix dashboard to boost user growth.
Remittix stands out as one of the top cryptos to buy now, offering low gas fee crypto transactions, a clear DeFi project roadmap, and strong liquidity prospects as it nears its $30 million milestone. For traders frustrated by Cardano’s lack of momentum, RTX represents a crypto with real utility and the potential to reach $2 by 2026.
From Cardano’s Decline To Remittix’s Rise
While the Cardano price struggles to find a footing, the market narrative is shifting toward performance-based assets. Investors no longer want promises; they want results. Remittix is delivering exactly that, combining usability, compliance, and growth in one platform. As capital rotates out of old giants like ADA, Remittix is quickly emerging as the next big altcoin in 2025, and the project everyone’s watching.